Licinius I, AE Follis. Ticinum. AD 319-320. 18 mm, 3.6 g.

IMP LIC-INIVS AVG, laureate head right.
VIRTVS-EXERCIT, two bound captives seated left and right of standard with VOT XX on banner. 

Mintmark ST.

RIC VII Ticinum 115 var (officina); Sear 15372 var (ditto).

Sold by Jesus Vico S.A. Online Auction 13, Lot 2313, March 2021.